Novi, MI

Novi, Michigan is a suburb of Detroit that has seen steady growth in recent years. The population of Novi was just over 100,000 as of the 2010 census, but that number is projected to grow to over 160,000 by 2020. This growth has been fueled in part by the popularity of new homes in the area and the availability of quality real estate.

The average price for a home in Novi was $269,900 as of September 2016. This is well above the statewide average price of $224,500 and makes Novi one of the most expensive suburbs in Michigan. However, despite its high prices, Novi still has a lot to offer potential homebuyers.

One big advantage that Novi has is its location. It is only about 20 minutes from downtown Detroit and offers plenty of amenities and shopping options without being too crowded or expensive. Additionally, there are plenty of schools available in Novi for families looking for a good education environment.

Despite these advantages, there are some things that may be limiting potential homebuyers in Novi. One issue is that it can be difficult to find good jobs in the area due to its proximity to Detroit. Additionally, while there are many nice homes available on the market right now, prices may start to rise quickly if more people decide to buy into this market soon.